"Vancouver mortgages are rapidly deteriorating in quality," one recent report claims. That’s just not the case, according to one leading broker who operates in that market
The governor of the BoC Stephen Poloz has defended the bank’s credibility.
In a comprehensive study of condo markets across Canada, Genworth and the Conference Board of Canada are predicting a soft landing in most cities, with some expected to see more significant price drops.
In the most colourful language to date, an American analyst agrees Canada’s housing market is nearly 50 per cent overvalued – and it’s not just an Alberta problem.
With regulations around bidding wars about to change, one broker has developed a program he believes will revolutionize the real estate industry and make the homebuying process much more transparent.
With the CMAs just around the corner, we are continuing to roll out our list of finalists, including those who are up for the brand new “Diversifyer of the year” category.
The Canadian Real Estate Association is predicting a fall in home sales of 1.1 per cent for 2015 as oil prices subdue consumer confidence in some provinces.
The average detached house in Vancouver could cost $2.1 million and require more than the median household income by 2030 if prices continue to rise at the current level.
Employers in Calgary are scaling back on leased office space according to a report from CBRE.
Bank of Canada deputy governor Tim Lane says the lack of data on foreign homebuyers in the country is making it hard to understand the housing market and financial system risks.